NYMEX RBOB: (H18) Immediate Focus On......>

OIL TECHS: NYMEX RBOB: (H18) Immediate Focus On $1.9325-$1.9472

*RES 4: $1.9822 - Daily Bull channel top

*RES 3: $1.9472 - 8 month Bull channel top

*RES 2: $1.9325 - 1.618 swing of $1.9145-$1.8854

*RES 1: $1.9275 - Hourly resistance

*PRICE: $1.9203 @ 0356GMT    

*SUP 1: $1.9092 - Hourly support Jan 23

*SUP 2: $1.8941 - Hourly base Jan 24

*SUP 3: $1.8854 - Jan 24 low

*SUP 4: $1.8794/99 - Hourly highs Jan 19-22, now support

*COMMENTARY: Continues to rise, most latterly through the week's previous

$1.9145 high, leaving $1.9275 as initial resistance. Any higher and the swing

target of the recent $1.9145-$1.8854 fall, at $1.9325, then comes into play, as

we make our way up the 8 month Bull channel, which has a top of $1.9472.

Support, $1.902 and then more significantly $1.8941-$1.8854.